Fixed Deposit
Forumel Bank offers a range of fixed term and fixed rate investments enabling you to lock in secured returns. Make your money work for you and earn higher rates from your longer-term investments. Choose from a range of account options:
Fixed Deposit
A Fixed Deposit Account enables you to invest your money for a fixed period of time, at a fixed interest rate. Earn interest on your deposit on a monthly basis or upon maturity of the fixed deposit term.
Key Features and Benefits
Secured rate:
Earn a fixed, secure and unchanged rate of return for the duration of your specific investment period
Flexible terms:
Choose from a range of time periods and select the timeframe that best meets your needs
Flexible distribution:
Have the interest you earn paid out on the maturity date of the deposit, or paid on a monthly basis into a separate account
Minimum investment:
Enjoy all the benefits of a Fixed Deposit Account with a minimum balance of only $1000.
Fixed Deposit
A Fixed Deposit Account enables you to invest your money for a fixed period of time, at a fixed interest rate. Earn interest on your deposit on a monthly basis or upon maturity of the fixed deposit term.
Key Features and Benefits
Secured rate:
Earn a fixed, secure and unchanged rate of return for the duration of your specific investment period
Flexible terms:
Choose from a range of time periods and select the timeframe that best meets your needs
Flexible distribution:
Have the interest you earn paid out on the maturity date of the deposit, or paid on a monthly basis into a separate account
Minimum investment:
Enjoy all the benefits of a Fixed Deposit Account with a minimum balance of only $1000.
Fixed Deposit at a glance
Business Savings
Our Business Savings products cater for all your investment needs and deliver a solid return on your investment. Make payments and collect funds using a comprehensive range of convenient banking channels...
PrimeGrow & PrimeAccess
Access up to 30% of your savings, three times over a 12-month period, if required. With interest earned on your account directly linked to Prime, stand to gain if the Prime rate rises and earn interest rates in line with 12 month deposit rates...
Debt Capital Market
Forumel Bank specialises in providing lending solutions for Individuals, SMEs, institutions, as well as for commercial, development, investment or insurance companies, asset managers and pension funds. Some of our lending products include: term loans, revolving credits and overdrafts...
Blended Finance
Blended finance can assist in mitigating early-entrant costs or project risks, helping re-balance risk-reward profiles for pioneering investments and enabling them to happen as highlighted in the Emerging Markets Compass Note...
